Education Resource Centre Secondary Business Teaching Syllabus. SS 2 Insurance Scheme of Work Federal. Foreign Trade – Schemeofwork
INSURANCE SS2 FIRST TERM SCHEME
| WEEK | TOPICS/CONTENT | ACTIVITIES |
| 1 2 3 4. 5. 6. 7. 8. 9. 10. 11. 12-13 | Motor insurance: Meaning of motor insurance Types of polices in motor insurance Motor insurance (cont) Scope of motor insurance -private car, commercial vehicles, motorcycle, Agricultural and forestry vehicles. ECOWAS brown card:- Uses and cover provided. Insurance products :- Fire Insurance meaning of fire insurance Standard fire policy cover/ property covered under fire insurancePerils covered, who buy fire insurance.Special peril. Insurance product:- Theft insurance: Meaning of theft insuranceProperties to be covered under theft insuranceTheft insurance in business premises. Theft insurance (cont.) Theft insurance in private premisesDifferent between theft in business and private premises. Theft by key or trick. Insurance products:-Money insurance cover:- i)Meaning of money , what constitute money-cash,cheque, poster order,etc. that can be insured ii) Money in transit, in safe or strong room after business hours. Iii) Money in custody of a staff e.g. Cashier. Money Insurance Cont. i) Necessity for money insurance. ii) Types of covers available. Insurance Product:- Fidelity guarantees Insurance. i) Meaning of fidelity guarantee insurance ii) Types of policies in fidelity guarantee insurance e.g. Name policy, position policy, blanket policy, bonds. etc. iii) Difference between commercial guarantee and bond. Insurance Products:- credit Insurance i)meaning of credit insurance ii)uses of credit insurance:- own goods in own vehicles, owned goods in hired vehicles iii) Open cover and use of declaration, single transits. Credit insurance (cont.) Types of cover categories of covers)Necessity of goods in transits insurance. Revision Examination | Teacher explains the concept, explains the policies. Students identifies three levels of motor insurance documents Teacher states the scope of motor insurance, Students writes three levels of motor insurance and ECOWAS brown card. Specimen of motor insurance document. Teacher explains fire insurance, properties covered. Students identifies the insurance covered and state perils covered: Instructional resources use of chart. Teachers explains the concept, state properties covered Students defines theft insurance properties covered, explain theft in public premises Instructional resources. Teacher explains theft insurance in private premises, state differences between theft in private and public premises. Students identify the differences, explain theft by key or trick. Use of chart. Teacher explains money etc. students defines money, state what constitute money, state the difference between money in transit and money in custody of staff. Specimen of money. Teacher explains necessity for money insurance and types of cover available. Students state cover available. Chats. Teachers explains the concept Fidelity guarantees state types of policies. Students identify the concept, state examples of the policy, differences between commercial guarantee and bond. Specimen of document/charts. Teacher explains the concepts, state its uses. Students define credit Insurance and give two uses. Specimen of document/charts Teacher explains the concepts, Types, State the necessity of the goods in the transit insurance. Students answer questions use of charts Revision Examination |
Education Resource Centre Secondary Business Teaching Syllabus. SS 2 Insurance Scheme of Work Federal. Foreign Trade – Schemeofwork
INSURANCE SS2 SECOND TERM SCHEME
| WEEK | TOPICS/CONTENT | ACTIVITIES |
| 1 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12-13 | Burglary Insurance:- Meaning of burglary insurance Property to be covered.Different between burglary and theft insurance Marine Insurance:- Meaning of marine insurance.Various perils of the sea.Property covered by marine insurance. Types of marine policies e.g. Hull policy, cargo policy and Freight policy Aviation insurance policy:- Meaning of aviation insurance.Aviation risks.Different types of aviation policies e.g. Aviation hull policy, cargo policy, freight policy. Aviation insurance (cont.) Liabilities from aircraft operationsLiabilities to passengers and non passengers and non passengersInternational regulations guiding aviation.Loss of license insurance Engineering Insurance:- Meaning and scope of engineering insuranceType of engineering Insurance e.g. Broiler, Explosion, computers and all risks. Business Interruption Insurance:- Meaning of Business Interruption InsuranceMachinery breakdown and causes of machine breakdown,Scope of the insurance cover. Business Interruption Insurance (cont.) Fire incidence under business interruption InsuranceConsequential loss policy Risk Management:- Meaning of risk managementHow risks can be managed.Risks that may be managed Insurance Product:- Employers’ liability Insurance. Meaning of employers liability Insurance.Different perils covered under employer’s liability insurance.Workman compensation policyCover and benefits available Employer’s liability insurance (cont). Revision Examination. Examination | Teacher explains and differentiates between burglary and theft insurance. Students states two differences of burglary and theft insurance. Use of tabular charts. Teacher explains the concepts, state various perils, properties covered and explain with example each policy. Students mention and various perils, in the sea, explain two types of policies in marine. Specimen documents /Charts. Teacher explains aviation insurance, risks, policies. Students define aviation insurance, state two risk, policies involved. Specimen of aviation Insurance document Teachers explain the concepts, state regulations guiding aviation industry. Students visit to airport. Teachers explain the concepts, scope, and state type of engineering insurance. Students define, explain the scope and type. Use of chart Teachers explain the concepts and its scope. Students define business Interruption Insurance, state three causes of machine breakdown. Use of chart, specimen document. Teachers explain the concepts and its scope. Students define business Interruption Insurance, state three causes of machine breakdown. Use of chart, specimen document. Teachers state the meaning, state risk that can be managed, Students identify risks that need to be managed. Use of chart/internet Teachers explain the concepts, state perils covered, explain workman compensation policy. Students identify perils involved, explain employer’s liability insurance. Use of chart, internet, journals. Teacher explains the concepts, state perils covered, explain workman compensation policy. Students identify perils involved, explain employer’s liability insurance. Use of chart, internet, journals. Revision Examination. Examination |
Education Resource Centre Secondary Business Teaching Syllabus. SS 2 Insurance Scheme of Work Federal. Foreign Trade – Schemeofwork
INSURANCE SS2 THIRD TERM SCHEME
| WEEK | TOPIC/CONTENT | ACTIVITIES |
| 1 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12-13 | INSURANCE PRODUCT: Employer liability insurance (cont.) INSURANCE PRODUCT:- Public liability Meaning of public liabilityPersonal /public liability policyProduct liability policy. How it may arise. Professional indemnity Meaning of Professional indemnity insuranceProfessionals that may requires professional indemnity insurance e.g. Doctor, lawyer, insurance brokers, accountant, architects etc. Insurance products: Term assurance Meaning of term assurance.Forms of term assurance e.g. Individual and group, increasing term assurance, decreasing term assurance, renewable term assurance.Use of term assuranceDifferent between the term assurance. Insurance products: Endowment assurance Meaning of endowment assurance (content).Types/ application of endowment assurance. E.g. ordinary endowment, family income benefits (FIB).Distinguish the various type of endowment policyState benefits provided by each type of endowment policy (Uses). Endowment assurance (cont.) House purchase endowment assurance.Educational endowment assurance.Risks covered in endowment assurance. Insurance product: Whole life assurance policy Meaning of whole life assurance policy.Mode of operation in whole life assurance.Difference between whole life and endowment policy. Whole life assurance policy (cont.) Uses of Whole life assurance Premium payment and maturityType of whole life assurance Insurance products: Personal accident insurance: Meaning of personal accident insurance Form of personal accident insurance/ scope of cover.Who buys personal and group accident policy? Personal accidents: Insurance Cont. Perils covered Benefits provided Revision Examination | Teacher explains the concepts. Students identify the importance of the policy. Internet /chart. Teacher explains the concepts, states circumstances that calls for liability cover. Students state the two types of personal liability. Specimen document /chart. Teacher explains the concepts, state professional that may need this policy Students define this concept, state two professional that needs such policy. Specimen document/chart. Teacher explains the concepts, state forms of term assurance, differences. Students identify each type of assurance and compare them. State two uses of term assurance and two differences between the forms of term assurance. Uses of tabular chart/ internet. Teacher explains the concepts, state types, distinguish between each type, and its use. Student defines the concept, state two types of endowment assurance. Policy document/ internet. Teacher explains the concepts, state its uses and risk covered. Students identify at least two importance of each type of policy. Use of specimen document/ chart. Teacher explains the concepts, state mode of operation. The student states the differences between whole life and endowment. Uses of chart, tabular presentation/ internet. Teacher states the uses, premium payment and maturity, types of whole life assurance. Students identifies type of whole life and differentiate with life assurance Chart /internet. Teacher states/explains concept :- Personal accident. State the forms personal accidents. Insurance cover. Student defines the concept, state who buys it, explains group accidents policy. Policy document specimen Teacher states/explains concept :- Personal accident. State the forms personal accidents. Insurance cover. Student defines the concept, state who buys it, explains group accidents policy. Policy document specimen |
